Company Website: http://www.powerstaylor.com
DALLAS -- (Business Wire)

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Quest Software, Inc. (“Quest Software” or “QSFT”) (NASDAQ: QSFT) to Insight Venture Partners for shareholders. Under the proposed transaction, QSFT shareholders will receive $23.00 in cash for each share of Quest Software/QSFT stock owned.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The definitive merger agreement involves an all cash transaction with a total equity value of approximately $2 billion.

At least one analyst set a price target of $29.00 per Quest Software share. For this reason, among others, the investigation centers on whether Quest Software shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues QSFT stock, and whether Quest Software’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

Contacts:

Powers Taylor, LLP
Patrick Powers, 877-728-9607
patrick@powerstaylor.com
or
The Briscoe Law Firm, PLLC
Willie Briscoe, 214-706-9314
WBriscoe@TheBriscoeLawFirm.com

Source: Powers Taylor, LLP